In the News

LinkedIn Company Updates

A new hotel site now has a name, with Singapore's Next Story Group acquiring a 162 room property at 167 City Road in South Melbourne that was initially proposed as an Ibis Styles branded development. As a result, the property will now be Next Story's first LinQ Hotel, when it opens in September (property currently being fitted out). Next (previously Silverneedle Hospitality) have two other hotel assets in Melbourne - the 120 Sage Hotel ( Eastland Shopping Centre) and a NEXT Hotel (80 Collins Street), due to open next year. #hotels #development
https://lnkd.in/fdgteYy

Great to have Visit Victoria CEO, Peter Bingeman join Australian Hotels Association (Victoria) members yesterday, as they learned about a focus on 'creative enrichment' to differentiate Victoria's tourism offer. Businesses like Sand Hill Road play an important role in this process.
One of the few hotel groups to employ an artistic director, the celebration of arts and culture is central to their product offer, as they celebrate visionary philanthropist, Alfred Felton, whose bequests in the early 1900's were responsible for many of the finest artworks now housed at the National Gallery of Victoria.
Pictured: Dougal Hollis, Matt Mullins (Sand Hill Road) and Peter Bingeman.

The Australian Competition and Consumer Commission (ACCC) has recently provided TAA and AHA with their observations on practices relating to preauthorisation charges made by accommodation providers.
Read TAA's summary of the ACCC's recommendations regarding 'best practice,' by clicking on the link below:
ACCC advice - https://lnkd.in/fCqr95h

Great to be able to 'support a member' this week with an AHA (Vic) Council lunch seamlessly hosted by Sheraton Melbourne Hotel. Here, hotel general manager Peter Minatsis speaks about Marriott's significant expansion plans in the Asia Pacific region, that will see 1,000 hotels open by the end of 2020 (representing an impressive 40 per cent growth on current hotel assets).

Early start to 'proceedings' this morning, representing TAA (Vic) at the Federal Post-Budget Breakfast. Treasurer, Josh Frydenberg spoke of the Government's fiscal strategy to return the Budget to surplus, for the first time in ten years. He also detailed tax relief measures for low-middle income earners, in an economic climate where the housing market is softening (new dwelling investment down 5.5 per cent in 2019); grazers and the nation are responding to the impact of droughts, fires and floods, and housing prices could fall between 10-16 per cent, adversely impacting consumer confidence. A $100b infrastructure building pledge includes fast rail from Melbourne to Geelong, while a skills package aims to stimulate 80,000 new trade apprenticeships